Jun 30, 2022
2:21:49pm
2:21:49pm
Couple that with the govt forcing people to stop producing for two years.
The intelligent move for the Fed would've been to raise interest rates immediately at the beginning of the pandemic to ration the artificially limited supply of goods and labor.
But they were either stupid or greedy. After seeing how much insider trading and their unprecedented purchases of MBS, it was pretty clear they were simply greedy and got out before pulling the rug on buyers, sellers, and builders.
But they were either stupid or greedy. After seeing how much insider trading and their unprecedented purchases of MBS, it was pretty clear they were simply greedy and got out before pulling the rug on buyers, sellers, and builders.
- Bio page
- Shore10
- Joined
- Oct 26, 2009
- Last login
- May 5, 2024
- Total posts
- 14,804 (138 FO)
Messages
Time
6/30/22 10:22am
I bought a condo when I was a student at BYU and my rate was 8.25%. In remember calling every day to check the rates and
6/30/22 10:24am
6/30/22 10:26am
6/30/22 10:31am
6/30/22 10:30am
6/30/22 10:43am
6/30/22 10:51am
Median house size is also double with smaller families. $100k @ 19% is $1600/mo P&I. Adjusted for '75 inflation, $8600
6/30/22 10:35am
6/30/22 11:30am
6/30/22 10:36am
6/30/22 11:09am
6/30/22 1:09pm
6/30/22 11:52am